@article{ART003046417},
author={Jin Sung Yoo},
title={Analysis of the impact of the 52-hour workweek on firm’s performance},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2023},
volume={32},
number={2},
pages={135-164},
doi={10.22954/ksrs.2023.32.2.005}
TY - JOUR
AU - Jin Sung Yoo
TI - Analysis of the impact of the 52-hour workweek on firm’s performance
JO - Journal of Regulation Studies
PY - 2023
VL - 32
IS - 2
PB - 한국규제학회
SP - 135
EP - 164
SN - 1738-7132
AB - This study analyzes the impact of the 52-hour workweek on firm’s performance. The results of the empirical analysis show that the 52-hour workweek had no effect on increasing employment. In addition, the sales per capita of firms does not show a significant decline as well. However, the 52-hour workweek significantly reduced the return on total assets by about 0.82 percentage points and the return on equity by about 3.01 percentage points, indicating a negative impact on the firm's business performance. When analyzing if the impact of the 52-hour workweek differs depending on whether flexible and selective working hours are implemented, the results does not show that companies with flexible and selective working hours have a significant advantage over those without.
The analysis of the impact of the 52-hour workweek shows that there is no significant increase in employment due to the reduction of working hours, but there is a negative impact on return on assets and return on equity, so it is necessary to relax the 52-hour workweek regulation in the future.
KW - the 52-hour workweek;employment;performance;difference-in-differences;difference-in-difference-in-differences
DO - 10.22954/ksrs.2023.32.2.005
ER -
Jin Sung Yoo. (2023). Analysis of the impact of the 52-hour workweek on firm’s performance. Journal of Regulation Studies, 32(2), 135-164.
Jin Sung Yoo. 2023, "Analysis of the impact of the 52-hour workweek on firm’s performance", Journal of Regulation Studies, vol.32, no.2 pp.135-164. Available from: doi:10.22954/ksrs.2023.32.2.005
Jin Sung Yoo "Analysis of the impact of the 52-hour workweek on firm’s performance" Journal of Regulation Studies 32.2 pp.135-164 (2023) : 135.
Jin Sung Yoo. Analysis of the impact of the 52-hour workweek on firm’s performance. 2023; 32(2), 135-164. Available from: doi:10.22954/ksrs.2023.32.2.005
Jin Sung Yoo. "Analysis of the impact of the 52-hour workweek on firm’s performance" Journal of Regulation Studies 32, no.2 (2023) : 135-164.doi: 10.22954/ksrs.2023.32.2.005
Jin Sung Yoo. Analysis of the impact of the 52-hour workweek on firm’s performance. Journal of Regulation Studies, 32(2), 135-164. doi: 10.22954/ksrs.2023.32.2.005
Jin Sung Yoo. Analysis of the impact of the 52-hour workweek on firm’s performance. Journal of Regulation Studies. 2023; 32(2) 135-164. doi: 10.22954/ksrs.2023.32.2.005
Jin Sung Yoo. Analysis of the impact of the 52-hour workweek on firm’s performance. 2023; 32(2), 135-164. Available from: doi:10.22954/ksrs.2023.32.2.005
Jin Sung Yoo. "Analysis of the impact of the 52-hour workweek on firm’s performance" Journal of Regulation Studies 32, no.2 (2023) : 135-164.doi: 10.22954/ksrs.2023.32.2.005
